SDL 0.00% 0.6¢ sundance resources limited

share purchase plan ..., page-4

  1. 204 Posts.
    Interesting extract from the announcement which implies that this SPP would be similar to the one we had a few months ago.

    "If (and to the extent to which) the total number of shares applied for under the Share Purchase plan exceeds 30% of the number of ordinary securities already on issue (the limit prescribed by Listing Rule 7.1), Sundance will be required to scale back applications. If this occurs, shareholders may be allotted shares to a value which is less than they applied for."
 
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Currently unlisted public company.

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